BJs Good Will vs Net Working Capital Analysis

BJ Stock  USD 80.69  0.93  1.17%   
BJs Wholesale financial indicator trend analysis is way more than just evaluating BJs Wholesale Club prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BJs Wholesale Club is a good investment. Please check the relationship between BJs Wholesale Good Will and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BJs Wholesale Club. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

Good Will vs Net Working Capital

Good Will vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BJs Wholesale Club Good Will account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between BJs Wholesale's Good Will and Net Working Capital is -0.68. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of BJs Wholesale Club, assuming nothing else is changed. The correlation between historical values of BJs Wholesale's Good Will and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of BJs Wholesale Club are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Good Will i.e., BJs Wholesale's Good Will and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Working Capital

Most indicators from BJs Wholesale's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BJs Wholesale Club current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BJs Wholesale Club. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
At this time, BJs Wholesale's Enterprise Value Multiple is relatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Interest Income59.4M47.5M42.7M40.6M
Tax Provision131.1M176.3M212.2M222.9M

BJs Wholesale fundamental ratios Correlations

0.710.80.670.60.68-0.630.620.710.480.80.650.580.670.72-0.56-0.09-0.680.670.410.4-0.5-0.680.850.470.73
0.710.830.910.960.88-0.850.811.00.910.820.730.940.591.0-0.570.3-0.940.590.770.69-0.83-0.940.690.90.98
0.80.830.690.760.56-0.870.510.850.621.00.380.630.530.84-0.4-0.18-0.670.530.620.37-0.67-0.670.960.710.89
0.670.910.690.910.83-0.710.760.90.780.680.710.960.760.9-0.420.44-0.890.760.630.55-0.74-0.890.570.810.88
0.60.960.760.910.86-0.850.840.950.910.760.690.960.520.95-0.550.4-0.930.520.860.71-0.85-0.930.570.930.91
0.680.880.560.830.86-0.690.950.840.870.560.930.90.50.86-0.770.45-0.960.50.730.81-0.79-0.960.420.790.79
-0.63-0.85-0.87-0.71-0.85-0.69-0.59-0.86-0.76-0.87-0.41-0.73-0.46-0.860.480.10.82-0.46-0.69-0.440.930.82-0.74-0.92-0.89
0.620.810.510.760.840.95-0.590.760.840.510.940.850.350.79-0.790.56-0.880.350.840.89-0.66-0.880.350.70.69
0.711.00.850.90.950.84-0.860.760.880.850.680.910.61.0-0.520.23-0.920.60.730.64-0.84-0.920.720.910.99
0.480.910.620.780.910.87-0.760.840.880.620.750.90.420.89-0.740.48-0.870.420.820.87-0.79-0.870.450.880.82
0.80.821.00.680.760.56-0.870.510.850.620.380.630.530.84-0.4-0.18-0.670.530.620.37-0.67-0.670.950.710.88
0.650.730.380.710.690.93-0.410.940.680.750.380.780.450.7-0.80.58-0.810.450.620.85-0.51-0.810.30.530.6
0.580.940.630.960.960.9-0.730.850.910.90.630.780.630.92-0.550.55-0.940.630.750.71-0.8-0.940.470.880.87
0.670.590.530.760.520.5-0.460.350.60.420.530.450.630.59-0.30.21-0.571.00.070.2-0.41-0.570.580.450.63
0.721.00.840.90.950.86-0.860.791.00.890.840.70.920.59-0.540.25-0.930.590.740.66-0.84-0.930.710.90.99
-0.56-0.57-0.4-0.42-0.55-0.770.48-0.79-0.52-0.74-0.4-0.8-0.55-0.3-0.54-0.360.64-0.3-0.6-0.870.470.64-0.33-0.47-0.45
-0.090.3-0.180.440.40.450.10.560.230.48-0.180.580.550.210.25-0.36-0.340.210.380.65-0.07-0.34-0.330.220.11
-0.68-0.94-0.67-0.89-0.93-0.960.82-0.88-0.92-0.87-0.67-0.81-0.94-0.57-0.930.64-0.34-0.57-0.73-0.690.911.0-0.52-0.91-0.9
0.670.590.530.760.520.5-0.460.350.60.420.530.450.631.00.59-0.30.21-0.570.070.2-0.41-0.570.580.450.63
0.410.770.620.630.860.73-0.690.840.730.820.620.620.750.070.74-0.60.38-0.730.070.78-0.67-0.720.410.750.67
0.40.690.370.550.710.81-0.440.890.640.870.370.850.710.20.66-0.870.65-0.690.20.78-0.48-0.690.220.580.53
-0.5-0.83-0.67-0.74-0.85-0.790.93-0.66-0.84-0.79-0.67-0.51-0.8-0.41-0.840.47-0.070.91-0.41-0.67-0.480.9-0.49-0.97-0.85
-0.68-0.94-0.67-0.89-0.93-0.960.82-0.88-0.92-0.87-0.67-0.81-0.94-0.57-0.930.64-0.341.0-0.57-0.72-0.690.9-0.52-0.91-0.9
0.850.690.960.570.570.42-0.740.350.720.450.950.30.470.580.71-0.33-0.33-0.520.580.410.22-0.49-0.520.510.78
0.470.90.710.810.930.79-0.920.70.910.880.710.530.880.450.9-0.470.22-0.910.450.750.58-0.97-0.910.510.9
0.730.980.890.880.910.79-0.890.690.990.820.880.60.870.630.99-0.450.11-0.90.630.670.53-0.85-0.90.780.9
Click cells to compare fundamentals

BJs Wholesale Account Relationship Matchups

BJs Wholesale fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding139.1M138.9M138.0M136.5M135.1M146.8M
Total Assets5.3B5.4B5.7B6.3B6.7B5.4B
Short Long Term Debt Total3.8B3.2B3.0B3.1B3.0B3.1B
Other Current Liab373.2M477.9M545.6M552.8M486.4M480.7M
Total Current Liabilities1.8B2.0B2.0B2.5B2.5B2.1B
Total Stockholder Equity(54.3M)319.3M648.1M1.0B1.5B1.5B
Other Liab144.1M186.6M210.0M223.7M201.3M189.5M
Net Tangible Assets(1.1B)(739.9M)(400.7M)3.0B3.4B3.6B
Property Plant And Equipment Net2.8B2.9B3.1B3.5B3.7B2.5B
Current Deferred Revenue174.7M173.7M202.6M214.6M318.7M204.6M
Net Debt3.8B3.2B2.9B3.1B3.0B3.1B
Retained Earnings(716.4M)(295.3M)131.3M644.5M1.2B1.2B
Accounts Payable786.4M988.1M1.1B1.2B1.2B1.0B
Cash30.2M43.5M45.4M33.9M36.0M38.9M
Non Current Assets Total3.9B3.9B4.2B4.6B4.9B3.8B
Non Currrent Assets Other18.4M19.4M23.2M30.9M(63.8M)(60.6M)
Other Assets1K25.1M28.7M42.4M48.8M28.4M
Long Term Debt1.3B846.2M748.6M447.9M398.4M378.5M
Cash And Short Term Investments30.2M43.5M45.4M33.9M36.0M38.9M
Net Receivables206.4M172.7M174.0M239.7M234.8M217.1M
Common Stock Total Equity1.4M1.4M1.5M1.5M1.3M1.3M
Long Term Debt Total1.4B846.2M748.6M447.9M403.1M382.9M
Liabilities And Stockholders Equity5.3B5.4B5.7B6.3B6.7B5.4B
Non Current Liabilities Total3.5B3.1B3.0B2.8B2.8B3.1B
Capital Surpluse773.6M826.4M902.7M958.6M1.1B662.0M
Capital Lease Obligations2.1B2.1B2.2B2.3B2.3B1.5B
Inventory1.1B1.2B1.2B1.4B1.5B1.3B
Other Current Assets42.0M48.6M54.7M51.0M68.4M62.5M
Other Stockholder Equity687.2M633.8M514.0M399.3M288.6M445.0M
Total Liab5.3B5.1B5.0B5.3B5.2B5.1B
Property Plant And Equipment Gross2.8B2.9B3.1B3.5B4.9B2.7B
Short Long Term Debt254.4M343.4M260M405M319M286.2M
Total Current Assets1.4B1.5B1.5B1.7B1.8B1.6B
Accumulated Other Comprehensive Income(26.6M)(20.5M)1.3M1.6M501K526.1K
Non Current Liabilities Other152.4M180.9M157.1M194.1M4.9M4.6M
Cash And Equivalents30.2M43.5M45.4M33.9M39.0M38.8M
Short Term Debt467.1M391.5M141.5M582.2M479.7M351.5M
Intangible Assets147.0M135.1M124.6M115.5M107.6M130.9M
Common Stock1.4M1.4M1.5M1.5M1.5M1.4M
Property Plant Equipment2.8B2.9B3.1B3.5B4.0B2.3B

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When determining whether BJs Wholesale Club is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BJs Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bjs Wholesale Club Stock. Highlighted below are key reports to facilitate an investment decision about Bjs Wholesale Club Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BJs Wholesale Club. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running BJs Wholesale's price analysis, check to measure BJs Wholesale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BJs Wholesale is operating at the current time. Most of BJs Wholesale's value examination focuses on studying past and present price action to predict the probability of BJs Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BJs Wholesale's price. Additionally, you may evaluate how the addition of BJs Wholesale to your portfolios can decrease your overall portfolio volatility.
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Is BJs Wholesale's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BJs Wholesale. If investors know BJs will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BJs Wholesale listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.144
Earnings Share
3.88
Revenue Per Share
150.087
Quarterly Revenue Growth
0.087
Return On Assets
0.0781
The market value of BJs Wholesale Club is measured differently than its book value, which is the value of BJs that is recorded on the company's balance sheet. Investors also form their own opinion of BJs Wholesale's value that differs from its market value or its book value, called intrinsic value, which is BJs Wholesale's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BJs Wholesale's market value can be influenced by many factors that don't directly affect BJs Wholesale's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BJs Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if BJs Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BJs Wholesale's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.